Cryptocurrency

by Elias Zafiridis

How to Report Cryptocurrency Gains or Losses to the CRA

As cryptocurrency has become more mainstream, the Canada Revenue Agency (CRA) has tightened its expectations around reporting crypto transactions. If ...

by Jason Rosen

Are Cryptocurrency Losses Tax Deductible?

With a market cap now valued in the trillions, the tax implications of cryptocurrency gains have been a common concern in recent years due to its unpr...

by Jason Rosen

GST/HST and Crypto Currency Rules

If you use cryptocurrencies to pay for goods and services, then that is considered a barter transaction. What that means, is that the value received f...

by Jason Rosen

The Taxation of Cryptocurrency

For the past decade, the rise of Bitcoin and other cryptocurrencies has taken Canadians by storm. However, through the lens of legal policy making, cr...

by Jason Rosen

Cryptocurrency Mining and the CRA

This tax season brings many hot topics, however one that carries a high degree of complexity is the taxation of cryptocurrency. As the cryptocurrency ...

by Jason Rosen

Cryptocurrency Audits and the CRA

Recently, the Canada Revenue Agency has sent out a 13 page questionnaire to those it suspects of owning cryptocurrencies or digital currencies. These ...

by Jason Rosen

Unreported Income and the CRA

Unreported Income and the CRA Canada’s tax system is built on the premise that those filing their taxes are being honest with the Canada Revenue...

by James Pendergast

Cryptocurrencies and the CRA

Cryptocurrencies and the CRA In the distant past, the wild west of 2016, cryptocurrencies were a novelty; for the use of those with a particular dista...